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South Lancaster 01523
440 Parker Road
Photo of 440 Parker Road
Sold on Oct 29, 2004

1

Map

$265,000
● House - Off Market

440 Parker Road

Lancaster, MA 01523
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,336 Ft²
$512,655
RealtyHop Estimate
97.25%
Since Nov 1, 2004
National-US
Primary Model

About This Property

Absolutely Beautiful New Engalnd Cape Cod Home set on Gorgeous Landscaped Level Lot w/ Large Back Yard! In Quiet Neighborhood of Very Nice Single Family Homes! Pristine Original Oak Floors,1 Car Attached Garage w/ Remote!Vinyl Siding & Newer Vinyl Windows, Upgraded Electric, Newer Septic System, Roof New in 2002, Garden Shed! You Will Just Love This Adorable Well Maintained Quality Home! Move Right In Condition, Easy to Care For Home! 3rd Possible Br Being Used As Formal Dining Rm now!Very Nice
Unit Size
1,336 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$195
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #70084466)

Price History

Date / Event Date Event Price
Oct 29, 2004 Sold
Premium
Sold
Aug 31, 2004 Listed $259,900
Listed
Aug 22, 2003 Sold
Premium
Sold
Mar 10, 2003 Listed $249,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 832
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Nashoba School District
  • Census Tract: 713100

Geography

  • Parcel: LANC M:041.0 B:0000 L:0165.0
  • Lot: 165.0
  • Municipality: LANCASTER
  • Latitude: 42.4315
  • Longitude: -71.6961

    Address

  • Full Address: 440 Parker Rd
  • Address - House Number: 440
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lancaster
  • Carrier Code: R001
  • 4-Digit Zip Code: 1923
  • Zip Code: 01523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,700

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 383,427
  • High Value: 455,904
  • Low Value: 310,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,100
  • Assessed Land Value: $82,100
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Recording Date: Oct 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 197755
  • Previous Sale Recording Date: Aug 22, 2003
  • Previous Sale Amount: $230,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Lancaster

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$298

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1631 ft²

Average Home Age

115.5 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70084466

Frequently Asked Questions

When was property at 440 Parker Road built and last sold?
The property at 440 Parker Road was built in 1955 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 440 Parker Road is $266,279.
What are some comparable homes to 440 Parker Road?
There are currently no comparable homes to 440 Parker Road.
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